INVE Technologies (INVE) Intangibles (2010 - 2024)
INVE Technologies (INVE) reported Intangibles of $4 million for Q1 2024, down 20.1% from $5 million a year earlier and down 6.0% from the prior quarter.
INVE Technologies (INVE) Intangibles (2010 - 2024) Analysis & Trends
At the end of FY2023, INVE Technologies posted Intangibles of $4.25 million, down 19.3% from FY2022.
- Intangibles has declined for five consecutive years, with a five-year compound annual growth rate of -17.3% (FY2018 to FY2023).
- By year, Intangibles came in at $5.27 million in FY2022 (-18.3%), $6.45 million in FY2021 (-14.8%), $7.56 million in FY2020 (-25.1%) and $10.1 million in FY2019 (-8.0%).
- The Q1 2024 figure ranks as the lowest quarterly Intangibles in data going back to Q4 2010.
- Year over year, Intangibles has now declined in each of the last 18 quarters, with an average decline of 18.6% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q2 2019 (growth of 17.5%); the low point was Q1 2021 (a decline of 31.0%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $4.25 million (Q4 2023), $4.48 million (Q3 2023) and $4.76 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,040.97 Bn | 4,788.46 Bn | 54.77 Bn | 25.42 Bn |
| 2 | Cisco Systems | 424.45 Bn | 360.38 Bn | 11.06 Bn | 7.56 Bn |
| 3 | Dell Technologies | 313.76 Bn | 269.51 Bn | 9.83 Bn | 4.35 Bn |
| 4 | Arista Networks | 232.68 Bn | 186.14 Bn | 1.91 Bn | - |
| 5 | Sandisk | 202.67 Bn | 191.19 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 152.82 Bn | 147.82 Bn | 1.90 Bn | - |
| 7 | Sony | 149.85 Bn | 87.11 Bn | 6.53 Bn | 4.13 Bn |
| 8 | Western Digital | 130.59 Bn | 118.72 Bn | 2.03 Bn | - |
| 9 | Hewlett Packard Enterprise | 77.78 Bn | 55.65 Bn | 4.93 Bn | 5.55 Bn |
| 10 | INVE Technologies | 67.45 Mn | -437.37 Mn | 916,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 4.25 Mn |
| Sep 30, 2023 | 4.48 Mn |
| Jun 30, 2023 | 4.76 Mn |
| Mar 31, 2023 | 5.00 Mn |
| Dec 31, 2022 | 5.27 Mn |
| Sep 30, 2022 | 5.53 Mn |
| Jun 30, 2022 | 5.87 Mn |
| Mar 31, 2022 | 6.18 Mn |
| Dec 31, 2021 | 6.45 Mn |
| Sep 30, 2021 | 6.73 Mn |
| Jun 30, 2021 | 7.04 Mn |
| Mar 31, 2021 | 6.45 Mn |
| Dec 31, 2020 | 7.56 Mn |
| Sep 30, 2020 | 8.14 Mn |
| Jun 30, 2020 | 8.75 Mn |
| Mar 31, 2020 | 9.34 Mn |
| Dec 31, 2019 | 10.10 Mn |
| Sep 30, 2019 | 10.72 Mn |
| Jun 30, 2019 | 11.38 Mn |
INVE Technologies Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=INVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "INVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=INVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();